• FluTrackers.com Inc. does not provide medical advice. Information on this web site is collected from various internet resources, and the FluTrackers board of directors makes no warranty to the safety, efficacy, correctness or completeness of the information posted on this site by any author or poster. The information collated here is for instructional and/or discussion purposes only and is NOT intended to diagnose or treat any disease, illness, or other medical condition. Every individual reader or poster should seek advice from their personal physician/healthcare practitioner before considering or using any interventions that are discussed on this website. By continuing to access this website you agree to consult your personal physican before using any interventions posted on this website, and you agree to hold harmless FluTrackers.com Inc., the board of directors, the members, and all authors and posters for any effects from use of any medication, supplement, vitamin or other substance, device, intervention, etc. mentioned in posts on this website, or other internet venues referenced in posts on this website.
  • We are not asking for any donations. Do not donate to any entity who says they are raising funds for us.

Fitch downgrades six global banks

Sally Furniss

Sally Furniss

Well-known member
Fitch downgrades six global banks

Bank of America and Goldman Sachs in the US, the UK's Barclays and France's BNP Paribas. Germany's Deutsche Bank and Switzerland's Credit Suisse were also cut.

Fitch cut the "issuer default ratings" at the banks, which "reflect the ability of an entity to meet financial commitments on a timely basis

http://www.bbc.co.uk/news/business-16210134
 
Re: Fitch downgrades six global banks

Thanks for posting this. At this point, (at least in the US due to the 'too big to fail' theory), it looks like this might be of primary concern to investors rather than depositors, but it is something to watch.
 
You must log in or register to reply here.
Back
Top Bottom